1. Nexgen Plants Pty Ltd The Virus Trait Company March 2015

2. Challenges of a ‘Trait’ Start-up The value of traits to end users: Viruses don’t appear every year – insurance Vectors and hosts move based on changes in climate Speed of infection and potential to control varies The value of traits to partners: Variety differentiation Trait stacking Which breeding method (GM, non GM) Organic farming potential The cost to confer resistance How to be more than just a trait licensee: Potential to develop own varieties Potential to become part of the supply chain Potential to develop new breeding approaches microRNA (miRNA)

3. Commercialisation Focus Target genes for priority crops / viruses Multiple breeding methods to confer resistance Alignment with crop development and distribution channels Multiple ‘shots on goal’ Cost effective transformation Transgenic, Cisgenic, Intragenic, Marker Assisted approaches Multiple resistance (own stacking) Responsive to industry needs Adding value to owners of genetics Adding value to supply chain partners Own varieties

4. Nexgen Plants Pty Ltd The Virus Trait Company March 2015